Scale AI, a leading data-labeling company in the artificial intelligence sector, reported revenue of $870 million for 2024, falling short of its $1 billion target. Despite missing this goal, the company achieved a 2.5-fold year-over-year revenue increase and secured over $1.5 billion in new business throughout the year. Scale AI plans to continue its growth trajectory into 2025. The startup is preparing a $150 million share sale that values the company at approximately $25 billion, reflecting an 80% increase from the previous year. However, the company faced financial challenges, recording an EBITDA loss exceeding $150 million in 2024, highlighting the broader difficulties AI companies encounter in generating returns amid rapid expansion.